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Title: del Post by: myself on March 04, 2012, 04:18:53 PM del
Title: Re: WTF is happening on bitcoinica ? Post by: bb113 on March 04, 2012, 04:25:02 PM No more shorting? I'm asking, I honestly don't know.
Title: Re: WTF is happening on bitcoinica ? Post by: stochastic on March 04, 2012, 05:32:40 PM No more shorting? I'm asking, I honestly don't know. afaik that have nothing to do, is more like this if i buy or sell 100 btc then 98 will go on mtgox, before that hax with a volume of 20k the hedge was only 37% so only 37 btc from 100 i buy or sell will got on mtgox Maybe the % hedged was out of all available bitcoins Bitcoinica had. Now that 40,000 have been heisted, the percentage is higher as there is less total amount of bitcoins. Title: Re: WTF is happening on bitcoinica ? Post by: zhoutong on March 05, 2012, 01:01:26 AM The hedge percentage represents amount of trades that were hedged in Mt. Gox.
It has nothing to do with solvency, liquidity or total funds available. Usually when the volume is smaller the hedge percentage tends to be higher because there's more likely to have a net change in positions held by all Bitcoinica customers. When the volume is huge, a lot of trades can be matched internally, and hence the hedge percentage can be as low as 40%. Title: Re: WTF is happening on bitcoinica ? Post by: Mushoz on March 05, 2012, 03:40:02 PM The hedge percentage represents amount of trades that were hedged in Mt. Gox. It has nothing to do with solvency, liquidity or total funds available. Usually when the volume is smaller the hedge percentage tends to be higher because there's more likely to have a net change in positions held by all Bitcoinica customers. When the volume is huge, a lot of trades can be matched internally, and hence the hedge percentage can be as low as 40%. Why does the page sometimes show percentages over 100%? Title: Re: WTF is happening on bitcoinica ? Post by: zhoutong on March 05, 2012, 06:08:05 PM The hedge percentage represents amount of trades that were hedged in Mt. Gox. It has nothing to do with solvency, liquidity or total funds available. Usually when the volume is smaller the hedge percentage tends to be higher because there's more likely to have a net change in positions held by all Bitcoinica customers. When the volume is huge, a lot of trades can be matched internally, and hence the hedge percentage can be as low as 40%. Why does the page sometimes show percentages over 100%? Sometimes we have to hedge manually to prevent ourselves from being a bucket shop. This happens in rare situations such as the recent hack, as our Bitcoin holdings suddenly dropped too much. Title: Re: WTF is happening on bitcoinica ? Post by: jojo69 on March 05, 2012, 06:18:29 PM Hey Z
I know you have been busy, just wanted to express my respect for your fortitude in the recent hack. Your honor and resilience are really impressive, and I will be leaving my humble deposit with you until the storm has passed. Title: Re: WTF is happening on bitcoinica ? Post by: macbook-air on March 05, 2012, 07:10:02 PM The hedge percentage represents amount of trades that were hedged in Mt. Gox. It has nothing to do with solvency, liquidity or total funds available. Usually when the volume is smaller the hedge percentage tends to be higher because there's more likely to have a net change in positions held by all Bitcoinica customers. When the volume is huge, a lot of trades can be matched internally, and hence the hedge percentage can be as low as 40%. Why does the page sometimes show percentages over 100%? Sometimes we have to hedge manually to prevent ourselves from being a bucket shop. This happens in rare situations such as the recent hack, as our Bitcoin holdings suddenly dropped too much. Could you please take some time to reply to support emails? Title: Re: WTF is happening on bitcoinica ? Post by: RaggedMonk on March 05, 2012, 07:49:32 PM https://i.imgur.com/B4C5u.png 98% hedge at 6k volume ???? i dint see that hedge percentage even when the volume was next to 100 000 Z your capital is running away ? why i dont stick whit keeping all the moneys on mtgox ? Where do you find this on the site? Title: Re: WTF is happening on bitcoinica ? Post by: Mushoz on March 05, 2012, 07:51:52 PM https://i.imgur.com/B4C5u.png 98% hedge at 6k volume ???? i dint see that hedge percentage even when the volume was next to 100 000 Z your capital is running away ? why i dont stick whit keeping all the moneys on mtgox ? Where do you find this on the site? On the main page, before logging in. |
